Bt Share Discussion Threads

[toon1966] 30/10/2017 13:17

The 'Italian Fiasco' is just one reason for the fall in the share price Concerns over the regulatory market and investment in broadband has got investors running for the hills, as has a highly competitive market, pension deficit concerns and structural/performance issues within BT Group. I would welcome a positive set of results on Thursday but suspect we'll need more than one good set of results to get the share price really moving upwards. Tesco is a good example of how difficult it has been to turn the ship around and get shareholder confidence.

[montyhedge] 30/10/2017 12:39

This is a binary bet. If they disappoint 245p if ok 285p. You pay yer money and see what happens.

[dmf] 30/10/2017 12:36

Numis Buy 390 target reiteration unchanged

[jenny tulwought] 30/10/2017 12:32

If "330p at some point next week", was regarded by serious investors
as 'a realistic possibility', we wouldn't be at 262p now.

[dmf] 30/10/2017 12:22

Dividend policy was 10% a year, which has now been replaced with a 'progressive policy'

[essentialinvestor] 30/10/2017 12:03

That is not current dividend policy, and 15% never was from memory.

[christh] 30/10/2017 12:00

DMF
a "can of worms" can always used as a bait for fishing but not be said for BT.
A lot of turmoil in BT, wolves around trying to devour it but BT always bounces up
on profits.
There is so much pressure on the ceo as its head will be on the block if it does not deliver.
However in my opinion it has been oversold and is undervalued by as much as 30%.
It was closed to 500p and then has lost 49% because of "the Italian fiasco".
BT is a cash cow, highly profitable, good assets,good business.
It will bounce back and will not be surprised if it does not recover to 330p by
next week.

As far as divedends are concern ,they said will up the dividend by 15% every year.
The earnings have not diminished and also the profits.

[dmf] 30/10/2017 11:23

BT prepares for half-year dividend scrutiny

hxxp://www.cityam.com/274742/bt-prepares-half-year-dividend-scrutiny

[dmf] 30/10/2017 09:33

I suppose it is a "can of worms" real due diligence will need to take place by any buyer !!

[montyhedge] 30/10/2017 09:10

Who is going to buy that division, only if BT sold it fire sale price.

[dmf] 30/10/2017 08:45

Get rid of Global Services or part of it, there has been talk about this for some time

[montyhedge] 30/10/2017 08:39

Situation on Ofcom, they seems to want to weaken BT.They let them keep Openreach, so Ofcom can have power over BT. I don't know if it will be worth it in the end, keeping Openreach.

[anony mous] 30/10/2017 08:27

BT is a great pension company with a telecoms business attached to it.

[montyhedge] 30/10/2017 08:22

I like Gavin, done a lot for BT, but Italy and a few other things things as happened on he's watch. If these figures disappoint or dividend only up 5% trying to save he's job, I think he will be made a scapegoat. Fund managers will blame him.Only my view.

[toon1966] 30/10/2017 07:11

BT's pension liabilities have absolutely nothing to do with Ofcom and should play no part in how they regulate the industry. A number of your other comments willoicc just don't make sense.

[pacemaker1000] 29/10/2017 23:39

Well said Will

[willoicc] 29/10/2017 22:15

Ofcom talk about competition but how can they be taken seriously when the suppliers all charge the same for a landline.

Sky and the rest want the profits but do not want to have to invest anything.

When you split BT's profits over several companies, it seems obvious to me that prices are going to rise.

Apparently Ofcom cannot see this. Do they understand that BT has to cover ALL the pension costs from pre-privitisation days?

Same applies to Royal Mail. The so called competitors cherry pick the most profitable parts of the business and leave Royal Mail to deliver to the non profitable areas.

Needless to say costs to business have dropped substantially while the price of stamps has gone up a huge amount for private users.

So called regulators are totally useless.

[pacemaker1000] 29/10/2017 15:51

Off course fibre is better than copper. Trouble is BT are having to battle to be allowed to upgrade on the grounds of giving away its investments!
After Sharon whites last speech I had hopes the penny had dropped with her at last....sigh

[toon1966] 29/10/2017 13:34

Interesting little article from ISPreview where Openreach says “copper will run out of steam” and Calls for FTTP Support. Article here hxxps://www.ispreview.co.uk/index.php/2017/10/openreach-says-copper-will-run-steam-calls-fttp-support.html

[pacemaker1000] 29/10/2017 12:51

Hopefully GS will be going DMF! It’s been nothing but trouble and lost more than it earns.
Also see the Times is speculating that the Italy costs are not as big as expected plus an increas in dividend on Thursday.
Seems like the positives are there and negatives already factored in with recent drops.
Will see starting tomorrow whether this has been manipulated by bad press and sentiment. Interesting DB is increasing its holding in BT while not lowering its last forecast. Their opinions on Thursday will be a good benchmark

[dmf] 29/10/2017 11:23

There is "chatter" regarding possible annoucement about BT disposing of Global Services or parts of it, perhaps may be more clarity on Nov 2!

[pacemaker1000] 28/10/2017 18:16

I personally don’t agree with cheaper charges for landline only connections despite the higher cost of a physical phone compared to mobile. Tried to persuade my mum to dump her landline and just use a mobile but it’s an OAP thing.
However it is what it is, you pay for the rental and maintenance of the physical connection regardless of what you use it for and this change is just a political gain for ofcom.

[dmf] 28/10/2017 18:07

Why immediately, the landline still has to be maintained, should be a flat rate for all

[zho] 28/10/2017 17:34

Providing a landline-only service to 1 million people, mostly pensioners who haven’t joined the broadband life, is money for old copper for BT. So it’s only right to applaud regulator Ofcom for insisting that the company cuts its prices for some of its most loyal customers. The monthly cost of line rental for BT’s landline-only punters will fall by £7 a month to £11.99 from April.

Why not immediately, though? Apparently it’s because BT needs time to adjust its systems and adapt its IT. Five months of fiddling to change a price? No wonder BT’s roll-out of a fast-fibre network is taking so long.

[dmf] 28/10/2017 16:09

Here is the link, in fact it does refer quarterly (error by author obviously)

[...]


"BT investors hopes for calm

It’s probably fair to say that it’s been a difficult year FTSE 100-listed telecoms giant BT Group plc (LON:BT.A.) with an accounting scandal in Italy, lower growth in some international markets and concerns about its pension deficit all unsettling investors.

But Deutsche Bank expects BT’s second quarter update on Thursday to be “somewhat calming post recent shocks” with the lender anticipating a guidance reiteration, together with a 5% hike in the quarterly dividend to 5.1p.

However, the German bank still think’s BT’s host of major issues will take longer to resolve and will cap the stock’s short term performance, making new chairman, Jan du Plessis’s induction demanding.

Deutsche’s analysts concluded: “We don’t dispute that BT will be strong in both fixed and mobile in the LT, but view that a painful catch up vs European peers on investment and convergence has yet to run its course. There is no imminent ‘return to normal’ for BT and risk of owning is high vs peers.”